Currencies Archive

U.S. Dollar Trading (US) Stocks finished up but well off highs in another volatile day of trading. The USD was weaker with the risk on trade losing ground against commodities and most majors. Weekly jobless claims fell to 391k vs. 423k previously. In US stocks,… Read more

U.S. Dollar Trading (US) the markets rolled over and sold off sharply last night in the US session with concerns that the Greece situation was not going to resolved quickly. Commodities sold off aggressively and stocks fell 300 points from highs of the day. In… Read more

U.S. Dollar Trading (US) the risk recovery continued with consensus growing that Greece will be supported in by other EU members. US house prices continued to be depressed with July Case Shiller -4.1% y/y slightly better than the -4.4% y/y expected. In US stocks, DJIA… Read more

U.S. Dollar Trading (US) gave up most of its gains on Monday as rhetoric from ECB an EU official&rsquo s boosted investor sentiment. In domestic data, New Home Sales fell 2.3% for the month of August, largely in line with market forecasts. In US share… Read more

U.S. Dollar Trading (US) was mixed on Friday, with little economic data scheduled for release. A late session rally in wall street saw the Dow Jones end up by 37.65 points (+0.35%), NASDAQ up 27.56 points (+1.12%) and S&amp P up 7.47 points (+0.49%). Developments… Read more

U.S. Dollar Trading (US) surged against a number of currencies to trade at multi-month highs, as increased risk aversion prompted demand for the dollar as a safe haven. Global share markets slumped following fears the US and European economies were at risk of heading into… Read more

U.S. Dollar Trading (US) surged against a number of currencies on Wednesday as the Federal reserve pushed ahead with plans to increase its share in long term treasuries by $400 billion, by June 2012, ensuring long term rates will remain cheap. The move failed to… Read more

U.S. Dollar Trading (US) was broadly stronger as Greek concerns continued to be the headline. In other news President Obama unveiled a plan in reducing $3 trillion of the budget deficit over 10 yrs. US Share markets rallied late in the session to end the… Read more

U.S. Dollar Trading (US) Ended the New York session broadly stronger as consumer sentiment rose to 57.8 for the month of September. US stock markets finished higher for the 5th day running, with Dow Jones up 75.91 points (+0.66%), NASDAQ up 15.24 pts (0.58%) &nbsp… Read more

U.S. Dollar Trading (US) most markets were quiet until the shock announcement that the ECB BOJ BOE and US FED were coordinating to provide European banks access to US dollars and help ease any liquidity issues that may arise in the debt crisis. Most markets… Read more